Supervising Model Risk
It has been stated more than once that Model Risk had a massive role to play in the Global Financial Crisis and subsequently; there has been substantial research into the role risk modelling played to lead stakeholders to make the wrong decisions when facing uncertainty. "Risk management, even if flawlessly executed, does not guarantee that big losses will not occur. Big losses can occur because of business decisions and bad luck. Even so, the events of 2007 and 2008 have hig
Oilmageddon ...
"Oilmageddon" seems to be the word on everyones mouth in the markets today, a wonderful term coined by Citigroup analyst Jonathan Stubbs. Between his analysis of where oil prices sit when viewed over a twelve month horizon and dark outlooks from the pages of George Soros in respects to China [LINK], it's hard to be bullish about too much in 2016. "It appears that four inter-linked phenomena are driving a negative feedback loop in the global economy and across financial market
